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Man Utd expect record revenue despite takeover saga

Manchester United on Tuesday projected record annual revenue of up to £640 million in its financial year to the end of June even as a distracting takeover saga rumbles on.

United’s owners, the Glazer family, are weighing up offers for the club from Qatari banker Sheikh Jassim Bin Hamad Al Thani and British billionaire Jim Ratcliffe, the founder of chemicals firm Ineos.

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The Glazers first indicated they could sell by initiating a strategic review in November but the bidding process has dragged on.

Reports have suggested Sheikh Jassim’s bid, which is for 100 per cent of the club, is now the most likely to be accepted. 

 

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